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Home >> Gov't Regulation
  China cuts car import duty to 15% in boost for BMW, Tesla, Mercedes and Porsche
Reuters | 2018/5/25

SHANGHAI -- China will cut import tariffs for cars and components, the country's finance ministry said, opening up greater access to the world's largest auto market amid an easing of trade tensions with the U.S. Import tariffs will be cut to 15 percent for most vehicles from 25 percent from July 1, the Ministry of Finance said in a statement, adding this was part of efforts to open up China's markets and spur development of the local auto industry. A small number of imported trucks are taxed at 20 percent currently.
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  Automakers see perks with joint ventures even as China opens market
Hans Greimel | 2018/5/1

International auto executives say they are in no rush to shake up their joint ventures with Chinese carmakers, despite Beijing's promise to loosen limitations on foreign investment.  Regional bosses for Nissan, Ford and Toyota say they'll stick with partners for now.
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  China to scrap foreign ownership caps on joint ventures by 2022
Reuters | 2018/4/20

China will end foreign ownership caps on local auto companies by 2022 and will remove restrictions on green vehicle ventures this year, a major shift that will open the market wider to automakers such as Nissan and Tesla.  The move, which comes amid a trade standoff between Washington and Beijing, signals the end of a rule put in place in 1994 in the world's largest auto market that limits foreign automakers to a 50 percent share of any local venture.

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  China, in global race, sets rules for self-driving vehicle tests
Reuters | 2018/4/17

China laid out national guidelines for testing self-driving cars as it looks to keep pace with the United States in a global race to develop autonomous vehicles, the  China Daily  newspaper reported, citing the country's industry ministry. 
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  Hainan becomes test case in campaign to ban gasoline-powered cars
Bloomberg | 2018/4/17

The resort island of Hainan has become a key proving ground for Chinas push to lead the world in electric-vehicle adoption.  China wants to phase out sales of fossil-fuel vehicles in the province, and to accelerate the use of new-energy and energy-saving cars on the island, Xinhua News Agency reported, citing an official guideline on reforming the southern province.
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Daimler to discuss cooperation in China with Geely's Li Shufu
Christiaan Hetzner | 2018/4/6

Daimler is willing to discuss possible cooperation in China with Geely Chairman Li Shufu, who took a nearly 10 percent share in the German automaker in February, CEO Dieter Zetsche said.

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Automakers keep wary eye on tariff impact, possible trade war
Reuters | 2018/3/29

NEW YORK -- Executives from major automakers raised concerns at the New York auto show about the possibility of a trade war after the Trump administration imposed tariffs on steel and aluminum imports. The U.S. has proposed tariffs on Chinese goods and pressed the Chinese government to relax tariffs on imported vehicles and rules on joint ventures between Chinese companies and foreign automakers.

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  Expert: China may adopt some German rules on self-driving vehicles
Reuters | 2018/3/20

The Chinese government is evaluating a German law that lays the groundwork for use of self-driving vehicles and will likely adopt some of the German rules, a legal expert said.  Eric Hilgendorf, who teaches law at the University of Wuerzburg and was on the German government's ethics commission on automated driving, said he had been invited to China in the coming weeks to present information about the law.
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How Geely sought to acquire FCA
Luca Ciferri | 2018/3/6

The absence of Geely's Li Shufu from the world's biggest auto forums, such as this week's Geneva show, belies his ambitions. A trip by the Chinese billionaire to Italy last May could have resulted in a dramatically reshaped global auto industry.

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  Germany may tighten rules after Geely takes Daimler stake
Reuters | 2018/3/2

Germany will investigate whether to tighten rules governing when an investor needs to disclose a holding in a company after news that China's Geely bought a $9 billion stake in Daimler surprised the market.  The move by Geely has rekindled fears in Germany of its industrial expertise falling into Chinese hands.
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Are ailing BAIC, Chery poised to land in private hands?

At SAIC-GM, April sales gain but Wuling venture dips

EV, plug-in hybrid sales forge ahead

BMW deliveries trail Mercedes, Audi

FAW to invest $260 million in EV startup Byton

Volvo focused on electrification, automation, regardless of IPO, chief says

Porsche wants Chinese buyers to love the 911

Light-vehicle sales rise 11% in April

VW brand deliveries post April advance

Ford skid continues amid new-model void

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